DelfinGroup revenue in the second quarter reached 8.6 million euros, an increase of 46% compared to last year's period. Pre-tax profit increased by 30% to 1.96 million euros, while net profit was up by 47% to 1.22 million euros. In addition, the company's net loan portfolio increased by 62% compared to the first half of the last year, reaching 53.8 million euros.

Didzis Ādmīdiņš, Chairman of the Management Board of DelfinGroup: "We have had a successful quarter. A strong team and correctly set goals ensured stable returns in all areas of DelfinGroup activities. The fastest growth has been achieved in the segments of consumer and pawn loans, which are so necessary for the functioning of any healthy economy. New consumer loans issued in the second quarter reached 15.4 million euros, an increase of 90% compared to the second quarter of the last year, but Banknote pawn loans showed a 65% increase. It should be noted that DelfinGroup continues to improve its technological toolset of data-based decision-making processes for assessing customer solvency. This process results in a good loan repayment culture and a stable low non-performing loan (NPL) rate of 1.6%."

"Currently, the company's focus is on promoting circular economy and green thinking to create awareness among people about the economical use of resources and to popularize the ideas of the "second life" of goods. DelfinGroup is actively developing the branch network and online store of the Banknote brand so that people in Latvia are provided with the possibility of exchange of pre-owned goods throughout the country. It is rewarding that stable growth can be observed in this direction of the company's activity as well - the volume of sales of pre-owned goods has increased by 24% compared to the second quarter of the last year," explains D. Ādmīdiņš.

Continuing to adhere to the dividend payout frequency policy, which is unique to the Baltic stock market and beneficial to investors, since January 1, 2022, DelfinGroup has paid dividends four times for almost 4 million euros, or 0.0879 euros per share, which provides the company's shareholders with an excellent yield. Furthermore, it is expected to make two more dividend payments this year.

In June 2022, DelfinGroup concluded a bond issue of 10 million euros and listed them on the Nasdaq First North alternative market of the stock exchange Nasdaq Riga with the historically lowest annual coupon interest rate for the company - 8%, and with a maturity date of November 25, 2023. In addition, the company has registered a new private placement bond issue for 10 million euros with an annual coupon rate of 8.75% + 3M EURIBOR rate and a maturity date of September 25, 2024. Signet Bank organizes placement of the bonds.

You can learn more about DelfinGroup financial results on the company's website www.delfingroup.lv or the Nasdaq Riga stock exchange website https://nasdaqbaltic.com/lv/.

Following the Nasdaq Riga stock exchange requirements, DelfinGroup publishes information on the number of DelfinGroup shares owned by members of the company's management and supervisory board as of December 31, 2021, in the Unaudited interim condensed consolidated financial statements for the six-month period ended 30 June 2022 as a supplement to the audited 2021 annual report.

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About JSC DelfinGroup

JSC DelfinGroup is a licenced technology-based financial services company established in 2009 and operates under the brand names Banknote and VIZIA. The company continuously develops and offers consumer and pawn loans, loans developed for senior citizens, Buy now pay later loans (BNPL loans), and the sale of pre-owned goods online and at more than 90 branches across Latvia. On average, 35 thousand loans are issued monthly and serviced by the professional team of more than 300 JSC DelfinGroup employees. The company has a total of over 400,000 registered customers. Since 2014, JSC DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and, since 2021, as a share issuer on the Baltic Main List. The company's IPO in 2021 attracted almost 6000 new shareholders. The company regularly pays dividends to its shareholders. In 2021, the company's net loan portfolio grew to EUR 43 million, while its EBITDA reached EUR 10.2 million, with profits before income tax for dividends EUR 5.2 million. The company's sustainability is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion, and facilitating the circular economy. The company has been profitable every year since 2010.

         For further information, please contact:
         Aldis Umblejs,
         JSC DelfinGroup Chief Financial Officer
         Phone: +371 26189988
         E-mail: IR@delfingroup.lv